Innovation Catalyst Grant

A pan-Alberta entrepreneurial fellowship to support STEM graduates in commercializing innovative science-based technologies. About the program The Innovation Catalyst Grant (ICG) is an entrepreneurial fellowship that supports recent Master’s or PhD graduates in Science, Technology, Engineering and Mathematics (STEM) disciplines. Sponsored by the Government of Alberta, and managed locally by Innovate Calgary, this program provides a 2-year runway for entrepreneurs to develop and commercialize innovative science-based products and services that contain a hardware component. Successful candidates will receive a total of 250K in funding which included: An annual stipend of 65K seed funding to support company expenses lab and office access through their host university technical mentorship and support business development and networking opportunities

Deadline not available

$250,000

Grant, Funding, Incubator Accelerator

Biotechnology, Technology, research and discovery

Government Institution

This grant is restricted to whole of Canada

This grant is age restricted from 18 to 100

Applicants must have graduated from an MSc or PhD program within the past 5 years
Be a resident of Alberta, with the legal right to work in Canada throughout the program
Be the primary technology innovator(s) of a science-based business or product concept, with a clear hardware component
Can demonstrate access or reasonable steps to commercialize their technology
Are willing and capable to commit to the fellowship as their full-time job
Are prepared to incorporate their business in Alberta and operate in Alberta for at least 3-years following program completion